U.S. oil and gas producer APA Corp on Thursday said it planned to drop a drilling rig in the North Sea as recent increases to tax rates have made its operations there less competitive.Britain last year announced plans to boost windfall taxes…
Greece's biggest oil refiner Helleniq Energy could decide on exploratory drilling in Greek offshore blocks within the next two years, its chief executive officer said on Friday. Greece has had indications of significant gas reserves of around 600 billion cubic meters…
Oil and gas company Panoro Energy has been awarded a 56 percent stake in and operatorship of Block EG-01, located offshore Equatorial Guinea. Partners in the block will be Kosmos Energy and GEPetrol.Block EG-01 borders both Block G where Panoro has a 14…
Shallow water drilling company Borr Drilling has secured contracts and extensions for three jack-up drilling rigs: Ran, Gerd, and Natt.Borr Drilling said on Monday that the contracts added about 625 days to its firm backlog.The premium jack…
An offshore oil worker went missing from a drilling rig in the UK North Sea, 100 miles southeast of the Aberdeen coast, on Sunday.The BBC reported Monday that a search and rescue operation had been launched after an alarm was raised at around 9 p…
Greece has concluded two-dimensional (2D) seismic surveys for two offshore blocks off the island of Crete, under its renewed drive to identify potential gas reserves, the state-owned energy resources company said on Monday. Greece, which views gas as a transition fuel as it ramps up renewables…
Maxar Technologies, a provider of space solutions and geospatial intelligence, has secured a three-year contract with the government of Guyana, for the provision of environmental monitoring services for both offshore and terrestrial applications…
Guyana is working with the Indian government on awarding oil and gas exploration blocks to Indian companies, Vice President Bharrat Jagdeo said on Wednesday.The South American nation, home to one of the largest oil discoveries of the last decade…
Oil major BP has formed an offshore wind joint venture with Norway's Deep Wind Offshore to develop offshore wind farms in South Korea. As part of the deal agreement, BP has acquired a 55% stake in Deep Wind Offshore’s early-stage offshore wind portfolio…
Production from Tailwind Energy's Gannet GE-04 well in the UK North Sea has started via the Triton FPSO, Serica Energy said Monday.The diving support vessel Deep Discoverer mobilized to the Triton area in early February to carry out the subsea tie-in of the Gannet GE-04 well…
British oil and gas producer Capricorn Energy on Wednesday pulled the plug on its planned merger with Israeli gas group NewMed Energy after months of shareholder pressure that also toppled Capricorn's leadership.Activist investor Palliser and…
OMV's Norwegian subsidiary OMV Norge has awarded a 4-year frame agreement to Baker Hughes for integrated well construction and completion (IWCC) services.Between 2023 and 2027, OMV plans to drill three production wells on the Berling field development…
Seaway 7, a renewables-focused subsidiary of the offshore installation firm Subsea 7, has won a contract for the transport and installation of cables for the Hai Long offshore wind project in Taiwan.This contract award completes the key procurement for the project…
Abu Dhabi's ADNOC Drilling reported on Monday a rise of 33% in 2022 net profit, with revenue boosted by its onshore and oilfield services businesses. Net profit for 2022 was $802 million, up from $604 million in the previous year. Revenue increased to $2…
Espen Thomassen - ©ScanaOslo-listed maritime and offshore services provider Scana has appointed Espen Thomassen as the chief commercial officer.He comes from the role of Director, Head of Commercial - Norway in legacy Maersk Drilling, now Noble Corp…
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